Versum Materials

Last updated
Versum Materials, Inc.
Type Subsidiary of Merck Group
IndustryChemicals
FoundedOctober 3, 2016;5 years ago (2016-10-03) in Tempe, Arizona, United States
Headquarters
Tempe, Arizona
,
U.S.
Area served
Global
Key people
Guillermo Novo, President, CEO & Director
ProductsSpecialty materials for the semiconductor and display industries
Number of employees
2,200 (2017)
Parent Merck Group
Website www.versummaterials.com

Versum Materials, Inc. is an American company that manufactures chemical-mechanical planarization slurries, ultra-thin dielectric and metal precursors of film, formulated cleans and etching products, and delivery equipment for the semiconductor industry. It is a subsidiary of Merck Group.

History

On October 3, 2016, Air Products & Chemicals completed the corporate spin-off of the company. [1]

In 2017, the company acquired Dynaloy from Eastman Chemical Company for approximately $13 million to expand its Surface Prep and Cleans business. [2]

In October 2019, Merck Group acquired the company. [3]

Related Research Articles

Agilent Technologies, Inc. is an American analytical instrumentation development and manufacturing company that offers its products and services to markets worldwide. Its global headquarters is located in Santa Clara, California. Agilent was established in 1999 as a spin-off from Hewlett-Packard. The resulting IPO of Agilent stock was the largest in the history of Silicon Valley at the time.

Hitachi Japanese multinational engineering and electronics company

Hitachi, Ltd. is a Japanese multinational conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group and had formed part of the Nissan zaibatsu and later DKB Group and Fuyo Group of companies before DKB and Fuji Bank merged into the Mizuho Financial Group. As of 2020, Hitachi conducts business ranging from IT, including AI, the Internet of Things, and big data, to infrastructure.

Eaton Corporation plc is an American Irish-domiciled multinational power management company with 2020 sales of $17.86 billion, founded in the United States with corporate headquarters in Dublin, Ireland, and operational headquarters in Beachwood, Ohio. Eaton has approximately 92,000 employees and sells products to customers in more than 175 countries.

Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. Integral to the growth of Silicon Valley, the company also supplies equipment to produce coatings for flexible electronics, packaging and other applications. The company is headquartered in Santa Clara, California.

Merck Group German chemicals and pharmaceuticals company

The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 57,000 employees and present in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences and Electronics. Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies in the world.

Freescale Semiconductor Former American semiconductor company

Freescale Semiconductor, Inc. was an American semiconductor manufacturer. It was created by the divestiture of the Semiconductor Products Sector of Motorola in 2004. Freescale focused their integrated circuit products on the automotive, embedded and communications markets. It was bought by a private investor group in 2006, and subsequently merged into NXP Semiconductors in 2015.

Silvaco

Silvaco Inc. develops and markets electronic design automation (EDA) and technology CAD (TCAD) software and semiconductor design IP (SIP). The company is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, and throughout Asia. Since its founding in 1984, Silvaco has grown to become a large privately held EDA company. The company has been known by at least two other names: Silvaco International, and Silvaco Data Systems.

Labcorp Drug Development Contract research organization

Labcorp Drug Development is a contract research organization (CRO) headquartered in Burlington, North Carolina, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries. Formerly called Covance, the company is part of Labcorp, which employs more than 70,000 people worldwide. Labcorp Drug Development claims to provide the world's largest central laboratory network. Laboratory Corporation of America Holdings (Labcorp), was rated one of the best places to work for LGBTQ equality by the Human Rights Campaign in 2018-2021. Labcorp Drug Development has been subject to harassment from animal rights groups for its animal testing procedures.

Linde plc Largest global industrial gas producer

Linde plc is a global multinational chemical company with roots and history in Germany and United States, though since 2018 domiciled in Ireland and headquartered in the United Kingdom. Linde is the world's largest industrial gas company by market share and revenue. It serves customers in the healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, electronics and water treatment industries. The company's primary business is the manufacturing and distribution of atmospheric gases, including oxygen, nitrogen, argon, rare gases, and process gases, including carbon dioxide, helium, hydrogen, ammonia, electronic gases, specialty gases, and acetylene.

Rohm and Haas Company

Rohm and Haas Company is a manufacturer of speciality chemicals for end use markets such as building and construction, electronic devices, packaging, household and personal care products. Headquartered in Philadelphia, the company is organised into three business groups of Specialty Materials, Performance Materials and Electronic Materials, and also has two stand-alone businesses of Powder Coatings and Salt. Formerly a Fortune 500 Company, Rohm and Haas employs more than 17,000 people in 27 countries, with its last sales revenue reported as an independent company at US$8.9 billion. Dow Chemical Company bought Rohm and Haas for $15 billion in 2009.

Fresenius SE & Co. KGaA is a health care company based in Bad Homburg vor der Höhe, Germany. It provides products and services for dialysis, in hospitals and inpatient and outpatient medical care. It is involved in hospital management and in engineering and services for medical centers and other health care facilities.

Wolfspeed, Inc. is a developer of wide bandgap semiconductors, focused on silicon carbide and gallium nitride materials and devices for power and radio frequency applications such as transportation, power supplies, power inverters, and wireless systems. The company was formerly named Cree, Inc.

MilliporeSigma is an American chemical, life science and biotechnology company, before 2014 known as Sigma-Aldrich, owned by Merck KGaA.

Albemarle Corporation American chemical company

Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium, bromine specialties and catalysts.

Asahi Kasei Japanese chemicals company

Asahi Kasei Corporation is a multinational Japanese chemical company. Its main products are chemicals and materials science.

Lam Research American semiconductor equipment company

Lam Research Corporation is a U.S.-based global supplier of wafer fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS).

SunEdison, Inc. is a renewable energy company headquartered in the U.S. In addition to developing, building, owning, and operating solar power plants and wind energy plants, it also manufactures high purity polysilicon, monocrystalline silicon ingots, silicon wafers, solar modules, solar energy systems, and solar module racking systems. Originally a silicon-wafer manufacturer established in 1959 as the Monsanto Electronic Materials Company, Monsanto sold the company in 1989.

Merck & Co. American pharmaceutical company

Merck & Co., Inc. is an American multinational pharmaceutical company headquartered in Kenilworth, New Jersey. It is named after the Merck family, which set up Merck Group in Germany in 1668. The company does business as Merck Sharp & Dohme (MSD) outside the United States and Canada,

Onto Innovation American semiconductor company

Onto Innovation Inc. is an American semiconductor company formed in 2019 from the merger of Rudolph Technologies, Inc. and Nanometrics Incorporated. Onto Innovation is traded as NYSE: ONTO on the New York Stock Exchange, it is a provider of process and process control equipment and software for microelectronic manufacturing industries. The company's product offering includes automated defect inspection and metrology systems, probe card test and analysis systems, and lithography step-and-repeat systems. In addition, Onto Innovation provides a broad range of software products designed to improve yield, control processes and reduce manufacturing costs.

Enpro is a leading, US based Industrial technology company that designs and manufactures materials science enabled products for technology intensive sectors. The company serves industries such as semiconductor, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments - Sealing Technologies, Advanced Surface Technologies, and Engineered Materials.

References

  1. "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015.
  2. "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging" (Press release). Business Wire. July 11, 2017.
  3. "Merck KGaA, Darmstadt, Germany, Completes Acquisition of Versum Materials" (Press release). Business Wire. October 7, 2019.